Zacks Research Issues Pessimistic Forecast for FCX Earnings

Freeport-McMoRan Inc. (NYSE:FCX) – Analysts at Zacks Research lowered their Q3 2025 earnings estimates for Freeport-McMoRan in a research report issued to clients and investors on Wednesday, May 7th. Zacks Research analyst A. Barman now expects that the natural resource company will earn $0.42 per share for the quarter, down from their previous forecast of $0.48. The consensus estimate for Freeport-McMoRan’s current full-year earnings is $1.68 per share. Zacks Research also issued estimates for Freeport-McMoRan’s Q4 2025 earnings at $0.43 EPS, Q2 2026 earnings at $0.44 EPS, Q3 2026 earnings at $0.55 EPS and Q4 2026 earnings at $0.42 EPS.

Freeport-McMoRan (NYSE:FCX) last issued its quarterly earnings results on Thursday, April 24th. The natural resource company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.01. The company had revenue of $5.73 billion for the quarter, compared to the consensus estimate of $5.36 billion. Freeport-McMoRan had a return on equity of 7.50% and a net margin of 7.42%. The firm’s revenue was down 9.4% compared to the same quarter last year. During the same period last year, the business posted $0.32 earnings per share.

A number of other research firms have also commented on FCX. StockNews.com lowered Freeport-McMoRan from a “buy” rating to a “hold” rating in a research note on Tuesday, April 8th. Wolfe Research upgraded Freeport-McMoRan from a “peer perform” rating to an “outperform” rating and set a $39.00 price objective on the stock in a research note on Wednesday, April 16th. Dbs Bank upgraded Freeport-McMoRan from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 10th. Hsbc Global Res upgraded Freeport-McMoRan from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 14th. Finally, Argus lowered Freeport-McMoRan from a “buy” rating to a “hold” rating in a research note on Friday, January 31st. Five analysts have rated the stock with a hold rating, eight have issued a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $48.09.

Freeport-McMoRan Trading Up 0.9%

Freeport-McMoRan stock opened at $39.47 on Monday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.18 and a current ratio of 2.42. The business’s 50-day simple moving average is $36.35 and its 200-day simple moving average is $39.07. The firm has a market capitalization of $56.72 billion, a PE ratio of 30.60, a PEG ratio of 0.87 and a beta of 1.65. Freeport-McMoRan has a 52 week low of $27.66 and a 52 week high of $55.24.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Asset Planning Inc acquired a new position in Freeport-McMoRan during the 4th quarter worth $25,000. Mizuho Bank Ltd. bought a new stake in shares of Freeport-McMoRan during the 4th quarter valued at $26,000. Vision Financial Markets LLC bought a new stake in shares of Freeport-McMoRan during the 4th quarter valued at $27,000. Laurel Wealth Advisors LLC raised its position in shares of Freeport-McMoRan by 487.8% during the 4th quarter. Laurel Wealth Advisors LLC now owns 723 shares of the natural resource company’s stock valued at $28,000 after acquiring an additional 600 shares during the last quarter. Finally, Roxbury Financial LLC bought a new stake in shares of Freeport-McMoRan during the 4th quarter valued at $28,000. 80.77% of the stock is owned by institutional investors and hedge funds.

Freeport-McMoRan Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.52%. The ex-dividend date of this dividend was Tuesday, April 15th. Freeport-McMoRan’s payout ratio is currently 24.79%.

About Freeport-McMoRan

Freeport-McMoRan Inc engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. The company's assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile.